The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-01-12
INDIANAPOLIS MARKETS.
Trade Brisk for January and No Weakening
In Prices Of staple Articles.

Trade Brisk for January and No Weakening
In Prices Of staple Articles
INDIANAPOLIS, Jan. II.
Trade was never ,better in January, is the.
common remark in all departments, and the out
look for its continuance favorable. The strong
tone to prices most staple articles is still mo-
iceable, and from nearly all commercial cen
tors come fattering reports as to the volume
of trade and the frmness Of prices. The pre-
vailing feature of commercial affairs is the hope
full feeling that everywhere exists with respect
to the future, the evidences of prosperity that
are recognized as having been developed during
the year that has just closed, and the expecta-
ton that the new year is likely to witness still
further improvement in this respect. The gen.
eral revival Of activity, however, has likewise
stimulated competition, and while the volume OF
trade has been expanded, and production. as we'll
as consumption, increased, the margin of profit
is still narrow, compared with previous periods
Of prosperity. In every branch of. industry and
department. of trade, competition has become
keener than ever before and is likely to continue
So thereby keeping prices of all staple commodi
ties upon low level This is one of the results
of the modern methods of conducting business
affairs, and is due 20 some extent to the CEN
tralization OF capital in large ventures, whereby
compensatlng advantage Is sought to be gained
against the diminishing margin of profits by In
creasing the volume of business.
In prices locally there were but few changes
to-day, except in coffees. The tone OF the pro-
vision market is a little tame but prices are un-
changed. It is thought the weakness Is but
temporary The produce markets are becoming
more active Poultry, eggs and good butter are
in active demand at quotations given Apples
and potatoes are firm and meeting with fair sale.
Grocers report trade increasing and prices firm
on most staple articles. The New York Ship
ping List says: 1.-The leading merchandise mar
kets have undergone but little change thus far
this year, the sharp advance in coffee being per-
haDs the most prominent feature. Those who
have been persistently the bull side of the
market long ago predicted 10 cents for fair Rio
this price has been reached during the past
week, and the present appearances would seem
to indicate that still higher prices are only a
matter of time. The sugar market tries to look
pleasant. bat surrounding circumstances have
not yet brought that improvement that those in
terested in this great industry have SO earnestly
desired"
GRAIN.
The local market is fairly active. there is a
good demand for wheat and oats and prices are
firm, while, with large arrivals of corn, prices
for this cereal are shade lower. The Board of
Trade Price Current says:
"Wheat-Under light receipts, all grades are
ia active request at frmer prices. Futures also
show q stronger feeling. Markets at other
points are weaker and shade lower.
"Corn-Local quotations are shade lower than
yesterday, with weaker feeling. Receipts less
liberal, and futures are dull and May about &c to
&c lower. Markets at seaboard and Chicago are
lower.
'"Oats-All grades about steady, with slightly
better demand
frye continues nominal
infN